Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.75B |
| 2 |
Microsoft
MSFT
|
+$2.46B |
| 3 |
NVIDIA
NVDA
|
+$2.3B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.79B |
| 5 |
Amazon
AMZN
|
+$1.78B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EXAS
Exact Sciences
EXAS
|
+$338M |
| 2 |
DAY
Dayforce
DAY
|
+$281M |
| 3 |
RNAM
Avidity Biosciences
RNAM
|
+$225M |
| 4 |
CYBR
CyberArk
CYBR
|
+$220M |
| 5 |
CMA
Comerica
CMA
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.41% |
| 2 | Financials | 12.78% |
| 3 | Consumer Discretionary | 9.97% |
| 4 | Healthcare | 9.79% |
| 5 | Communication Services | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Huazhu Hotels Group
HTHT
$12.4B
| $64.5M | ﹤0.01% |
1,294,975
-39,762
| -3% | -$2.03M |
|
1352
Brookfield Infrastructure
BIPC
$5.11B
| $64.4M | ﹤0.01% |
1,629,516
+48,094
| +3% | +$2.21M |
|
1353
Newmark Group
NMRK
$2.73B
| $64.2M | ﹤0.01% |
4,280,199
+180,159
| +4% | +$2.84M |
|
1354
Delek US
DK
$3.87B
| $64M | ﹤0.01% |
1,420,232
-16,544
| -1% | -$591K |
|
1355
St. Joe Company
JOE
$3.57B
| $63.9M | ﹤0.01% |
1,017,364
+22,401
| +2% | +$1.5M |
|
1356
Trustmark
TRMK
$2.73B
| $63.8M | ﹤0.01% |
1,514,601
+22,764
| +2% | +$960K |
|
1357
Acushnet Holdings
GOLF
$6.13B
| $63.8M | ﹤0.01% |
682,560
+44,146
| +7% | +$4.2M |
|
1358
CVB Financial
CVBF
$3.98B
| $63.6M | ﹤0.01% |
3,281,750
+67,039
| +2% | +$1.32M |
|
1359
Xenon Pharmaceuticals
XENE
$6.32B
| $63.5M | ﹤0.01% |
1,092,932
+140,253
| +15% | +$6.46M |
|
1360
Dyne Therapeutics
DYN
$4.04B
| $63.5M | ﹤0.01% |
3,504,114
+240,685
| +7% | +$4.15M |
|
1361
Diebold Nixdorf
DBD
$3.09B
| $63.4M | ﹤0.01% |
839,721
+103,640
| +14% | +$7.63M |
|
1362
Ingevity
NGVT
$2.55B
| $63.2M | ﹤0.01% |
887,111
+45,954
| +5% | +$3.14M |
|
1363
Vera Therapeutics
VERA
$2.54B
| $63.2M | ﹤0.01% |
1,570,077
+125,152
| +9% | +$5.39M |
|
1364
Snap
SNAP
$7.32B
| $63.1M | ﹤0.01% |
13,769,854
+244,735
| +2% | +$1.44M |
|
1365
Veracyte
VCYT
$4.52B
| $63M | ﹤0.01% |
1,957,096
+56,214
| +3% | +$2.08M |
|
1366
InvenTrust Properties
IVT
$2.84B
| $63M | ﹤0.01% |
2,067,116
+59,043
| +3% | +$1.78M |
|
1367
Cheesecake Factory
CAKE
$4.21B
| $62.9M | ﹤0.01% |
1,149,555
-2,619
| -0.2% | -$156K |
|
|
CON
1368
Concentra Group Holdings
CON
$4.04B
| $62.9M | ﹤0.01% |
2,933,174
+81,457
| +3% | +$1.81M |
|
1369
Summit Therapeutics
SMMT
$10.9B
| $62.9M | ﹤0.01% |
3,315,854
+168,374
| +5% | +$2.72M |
|
1370
Olin
OLN
$2.64B
| $62.8M | ﹤0.01% |
2,111,576
+80,940
| +4% | +$1.98M |
|
1371
Scorpio Tankers
STNG
$3.96B
| $62.7M | ﹤0.01% |
840,306
+26,763
| +3% | +$1.79M |
|
1372
Trinity Industries
TRN
$2.97B
| $62.6M | ﹤0.01% |
1,944,341
+48,769
| +3% | +$1.5M |
|
1373
Americold
COLD
$4.09B
| $62.6M | ﹤0.01% |
5,457,332
+64,139
| +1% | +$804K |
|
1374
Pathward Financial
CASH
$1.81B
| $62.4M | ﹤0.01% |
699,745
+7,629
| +1% | +$664K |
|
1375
Park National Corp
PRK
$3.41B
| $62.4M | ﹤0.01% |
381,652
+35,009
| +10% | +$5.73M |
|
Similar funds
Geode Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Geode Capital Management held 4,628 positions worth $1.61T, down 0.8% from $1.62T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management deployed $55.8B of net new capital in Q1 2026, opening 160 new positions and adding to 3,465 existing holdings. Its largest new stake was Versant Media Group: 1,896,951 shares worth $70.3M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 33% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Hershey, an estimated $134M trimmed.
- Geode Capital Management's largest Q1 2026 buy was Versant Media Group: 1,896,951 shares worth $70.3M.
- Geode Capital Management added most to Apple in Q1 2026, an estimated $2.75B increase.
- Geode Capital Management's biggest Q1 2026 reduction was Hershey, cutting an estimated $134M.
- Geode Capital Management fully exited Exact Sciences in Q1 2026, selling an estimated $338M.
- Geode Capital Management's ten largest holdings make up 31% of its $1.61T portfolio in Q1 2026.
- Geode Capital Management opened 160 new positions and closed 115 in Q1 2026.
- Geode Capital Management's portfolio value fell 0.8% quarter-over-quarter to $1.61T.
Based on Geode Capital Management's 13F filing for Q1 2026, filed 15 May 2026.